Webb Numismatics
Monday, July 15, 2013
Friday, May 31, 2013
The worst auction ever
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So awhile back I purchased a AG-G Raw No problem 1932-S Washington Quarter. It is a key date in the series. I got it from a dealer for $100. I thought this was a fair price, so I bought it. (it was).
Recently I needed the money to pay for a ticket (a theme park ticket, that is). So I picked this coin out, because I knew I could get a better condition one soon. I decided to let it go to auction at my local coin club. I consigned it at the beginning of the meeting, and was all set with a $1 reserve(so I can be sure it sells). When the time came (near the end of the meeting), a lot of people were tiered of sitting, and anxious to go home. (I was not) The auction started off at the reserve,and rose to $5 in a matter of 10 seconds. Then (thank goodness), a dealer rose it to $20 to get the ball rolling. I guess either a lot of people had either missed the coin, hidden near the end, or were not interested, as it slowly climbed to the $40 mark from a YN with a smart brain. It sold for $40 even. WHATTT???? That is less than half of the fair market price, (approx. $100) The YN was happy, and I got my money and went home in a slump. :(
Oh well, it just goes to show you, start the reserve at least half of the market price, or put it on ebay. :/
More stories to come!
Subscribe!
Taylor
remember to enter your email address and get all of my stories.
____________________________________________________
So awhile back I purchased a AG-G Raw No problem 1932-S Washington Quarter. It is a key date in the series. I got it from a dealer for $100. I thought this was a fair price, so I bought it. (it was).
Recently I needed the money to pay for a ticket (a theme park ticket, that is). So I picked this coin out, because I knew I could get a better condition one soon. I decided to let it go to auction at my local coin club. I consigned it at the beginning of the meeting, and was all set with a $1 reserve(so I can be sure it sells). When the time came (near the end of the meeting), a lot of people were tiered of sitting, and anxious to go home. (I was not) The auction started off at the reserve,and rose to $5 in a matter of 10 seconds. Then (thank goodness), a dealer rose it to $20 to get the ball rolling. I guess either a lot of people had either missed the coin, hidden near the end, or were not interested, as it slowly climbed to the $40 mark from a YN with a smart brain. It sold for $40 even. WHATTT???? That is less than half of the fair market price, (approx. $100) The YN was happy, and I got my money and went home in a slump. :(
Oh well, it just goes to show you, start the reserve at least half of the market price, or put it on ebay. :/
More stories to come!
Subscribe!
Taylor
Friday, May 24, 2013
Another Story! :)
Hello!
Haven't been on recently, but I am glad to have an ACTUAL Story to share this time. If you are subscribed to my email updates, YAY!
___________________
Michael Turrini
A truly great man in organized numismatics. If you haven't heard of him, you will, because he still has a few years left in him! :d He is especially into California's numismatics. I met him when I joined the California State Numismatic Association. We email each other all the time, and a few weeks ago he asked me a very great(for me) question.
Would you like the speak at the educational symposium for the CSNA?
Well OF COURSE! :)
So I am going to prepare a speech (about half an hour) on Christian Gobrecht. I will be talking about him, and his work. I will be speaking among many accomplished numismatists, so I am REAL excited. Will give report when I finish in September.
Taylor
Haven't been on recently, but I am glad to have an ACTUAL Story to share this time. If you are subscribed to my email updates, YAY!
___________________
Michael Turrini
A truly great man in organized numismatics. If you haven't heard of him, you will, because he still has a few years left in him! :d He is especially into California's numismatics. I met him when I joined the California State Numismatic Association. We email each other all the time, and a few weeks ago he asked me a very great(for me) question.
Would you like the speak at the educational symposium for the CSNA?
Well OF COURSE! :)
So I am going to prepare a speech (about half an hour) on Christian Gobrecht. I will be talking about him, and his work. I will be speaking among many accomplished numismatists, so I am REAL excited. Will give report when I finish in September.
Taylor
Saturday, May 18, 2013
Thursday, May 16, 2013
Tuesday, May 14, 2013
Sunday, May 12, 2013
The awesomeness of numismatics
Who loves this hobby? I know I do! It is so much fun to meet new people, and show off your newps. It is surrounded by history too. Comment why you like this hobby. Remember to subscribe to my email updates. ~
Taylor
Taylor
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